✅ Federal Incentives
30% Investment Tax Credit (ITC) for residential, commercial, agriculture, and nonprofit solar installations
MACRS plus bonus depreciation available for commercial/industrial/farm systems
IRA Direct Pay allows nonprofits and tax-exempt entities to receive credit as a cash payment
✅ State Incentives
⚡ Sales & Use Tax Exemption
Solar energy systems are fully exempt from Florida's 6%+ sales and use tax
⚡ Property Tax Abatement
Residential systems receive a 100% exemption on added property tax value
Commercial/non-residential systems receive an 80% abatement on the tax on added value
⚡ Solar Easements
Florida law allows homeowners to establish easements to protect solar access and prevent shading or obstruction
✅ Utility & Local Incentives
⚡ Solar and Energy Loan Fund (SELF)
Provides unsecured personal loans for homeowners to fund solar installs (low/moderate income focus)
⚡ Local Utility Rebates & Loans
Various cities and co-ops (e.g., Tallahassee, Orlando, Miami-Dade, Fort Pierce, Keys Electric Coop) offer solar hot water rebates and low-interest loans
✅ Policy & Standards
⚡ Net Metering
Mandatory under Florida law (systems up to 2 MW)
Utilities must offer full retail credit with monthly rollover and annual payout options
⚡ Renewable Portfolio Standard
Florida does not currently have a mandatory RPS or renewable energy target
⚡ Interconnection Standards
Standardized rules in place for solar system interconnection via investor-owned utilities
⚡ Solar Equipment Certification
All solar equipment sold in Florida must be certified by the state’s solar energy center
✅ Nonprofit & Commercial Incentives
Nonprofits receive 30% cash reimbursements via IRA Direct Pay
Businesses and farms can take advantage of MACRS + bonus depreciation for accelerated asset recovery